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Muthoot Fincorp Relationship Manager salaries in India (Updated 2025)

Annual salary range
1 - 9 years exp.
₹2.2 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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36% less than the average Relationship Manager Salary in NBFC Companies for 1 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Relationship Manager Salary
1 - 9 years exp. (17 salaries)
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₹2.6 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Relationship Manager Salary
4 - 7 years exp. (7 salaries)
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₹3.2 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
1 - 6 years exp. (5 salaries)
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₹2.2 L/yr - ₹3.2 L/yr

Finance & Accounting
Relationship Manager Salary
2 - 4 years exp. (4 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

Marketing & Communication
Relationship Manager Salary
1 - 7 years exp. (3 salaries)
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₹2.3 L/yr - ₹3.5 L/yr

View all

Last Updated: 16 Mar 2025

Companies similar to Muthoot Fincorp for Relationship Manager

Company name Avg Annual Salary Open Jobs
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IIFL Finance Relationship Manager Salary

0 - 8 years exp. (452 salaries)

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₹1.2 L/yr - ₹6 L/yr

arrow icon 13% more
3 job openings
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SMFG India Credit Relationship Manager Salary

1 - 9 years exp. (85 salaries)

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₹2.4 L/yr - ₹6.3 L/yr

arrow icon 32% more
1 job opening
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Kotak Mahindra Prime Relationship Manager Salary

0 - 11 years exp. (269 salaries)

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₹2 L/yr - ₹7.9 L/yr

arrow icon 30% more
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Aavas Financiers Relationship Manager Salary

0 - 8 years exp. (213 salaries)

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₹1.5 L/yr - ₹4.9 L/yr

arrow icon 2% more
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₹1.8 L/yr - ₹5.5 L/yr

arrow icon 15% more
10 job openings
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₹1.4 L/yr - ₹3.9 L/yr

arrow icon 12% less
2 job openings
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Poonawalla Fincorp Relationship Manager Salary

0 - 6 years exp. (142 salaries)

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₹2.4 L/yr - ₹7.5 L/yr

arrow icon 83% more
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Shriram Finance Relationship Manager Salary

1 - 8 years exp. (124 salaries)

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₹1.8 L/yr - ₹6.9 L/yr

arrow icon 10% more
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Electronica Finance Relationship Manager Salary

1 - 6 years exp. (109 salaries)

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₹2 L/yr - ₹4.1 L/yr

arrow icon 2% more
2 job openings
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Mahindra Finance Relationship Manager Salary

1 - 10 years exp. (87 salaries)

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₹2.2 L/yr - ₹6 L/yr

arrow icon 22% more
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L&T Finance Relationship Manager Salary

0 - 8 years exp. (65 salaries)

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₹2.4 L/yr - ₹10.7 L/yr

arrow icon 111% more
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₹1.5 L/yr - ₹7.4 L/yr

arrow icon 8% more
1 job opening
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₹2.6 L/yr - ₹5 L/yr

arrow icon 11% more
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₹2.6 L/yr - ₹4 L/yr

arrow icon 9% more
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TVS Credit Relationship Manager Salary

4 - 12 years exp. (34 salaries)

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₹2.5 L/yr - ₹8.5 L/yr

arrow icon 57% more
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Muthoot Finance Relationship Manager Salary

0 - 7 years exp. (31 salaries)

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₹2.2 L/yr - ₹3.7 L/yr

arrow icon 13% less
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Ugro Capital Relationship Manager Salary

0 - 7 years exp. (21 salaries)

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₹2.4 L/yr - ₹8.7 L/yr

arrow icon 53% more
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Manappuram Finance Relationship Manager Salary

1 - 16 years exp. (17 salaries)

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₹2.4 L/yr - ₹6 L/yr

arrow icon 31% more
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Sundaram Finance Relationship Manager Salary

1 - 13 years exp. (13 salaries)

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₹2 L/yr - ₹8 L/yr

arrow icon 67% more
7 job openings
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LendingKart Relationship Manager Salary

0 - 6 years exp. (9 salaries)

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₹3 L/yr - ₹4 L/yr

arrow icon 8% more
View all
Relationship Manager salary at Muthoot Fincorp ranges between ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 51 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Relationship Manager

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Experience wise Muthoot Fincorp Relationship Manager salaries

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
1 year  (5 salaries)

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₹2.2 L/yr - ₹3.2 L/yr
2 years  (6 salaries)

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₹2.2 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.2 L/yr
4 years  (15 salaries)

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₹2.2 L/yr - ₹4.5 L/yr
5 years  (7 salaries)

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₹2.2 L/yr - ₹3.4 L/yr
View all

Similar Designation salaries in Muthoot Fincorp

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₹1.05 L/yr - ₹3.6 L/yr
Branch Manager Salary
(739 salaries)
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₹1.25 L/yr - ₹6.35 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹22.4 L/yr - ₹28.6 L/yr
Store Manager Salary
(4 salaries)
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₹2 L/yr - ₹10 L/yr
Deputy Manager Salary
(69 salaries)
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₹2.75 L/yr - ₹7.9 L/yr
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₹6.74 L/yr - ₹9.59 L/yr
Sales Manager Salary
(61 salaries)
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₹3 L/yr - ₹6.8 L/yr
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₹6 L/yr - ₹9.3 L/yr
Area Manager Salary
(196 salaries)
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₹3.2 L/yr - ₹12 L/yr
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₹3.5 L/yr - ₹5.5 L/yr

Top skills at Muthoot Fincorp for Relationship Manager

Wealth Management Branch Banking Customer Acquisition Mutual Funds Sales Relationship Management Direct Sales Customer Engagement Relationship Management Retail Branch Banking Wealth Management SIP SFDC Corporate Training Channel Distribution aqua

Salary related reviews for Muthoot Fincorp

4.2

Rated by 30 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 22 Nov 2024

4.0
 for  Salary and Benefits

Likes

This is a good company for work. We have the job security for all staff. And good office time.

  • Salary - Good
  • +6 more

Dislikes

Rate of interest to be change in one month the customers who not because every customer not able to pay every month continuously . so give some relaxation for 3 months once compulsory..

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 22 Nov 2024

3.0
 for  Salary and Benefits

Likes

Fix office timing and supportive staff

  • Skill development - Good
  • +1 more

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.

read more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 07 Nov 2024

4.0
 for  Salary and Benefits

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

read more
  • Salary - Good
  • +6 more

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 07 Nov 2024

2.0
 for  Salary and Benefits

Likes

MFL is giving opportunities to show your hidden talent like blue waves

  • Skill development - Excellent
  • +4 more

Dislikes

Salary structure is not good , i am working since 2015 but there is no enhancement like other NBFC nd Bank 's salary structure.no advantage for vintage staff even new staff getting nyc salary package.

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  • Salary - Poor

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 06 Nov 2024

3.0
 for  Salary and Benefits

Likes

Company was good and time to we get salary..

Dislikes

I have one year experience in this company what have seen is alot of politics in this area company say target some but they give add some other targets here higher official are not good that why we are suffering lot sir.

read more
  • Job security - Poor
  • +3 more
see more salary related reviews

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Muthoot Fincorp Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Muthoot Fincorp ?
The average salary of a Relationship Manager at Muthoot Fincorp in India typically ranges from ₹2.2 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Relationship Manager at Muthoot Fincorp earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Relationship Manager Salaries at Muthoot Fincorp can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 50+ Muthoot Fincorp employees in India.
What is the estimated take home salary of a Relationship Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Relationship Manager at Muthoot Fincorp in India typically ranges from ₹23,244 to ₹24,708 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 50+ salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Relationship Manager at Muthoot Fincorp ?
To be a Relationship Manager at Muthoot Fincorp in india, the key skills required include:

  • - Wealth Management
  • - Branch Banking
  • - Customer Acquisition
  • - Mutual Funds Sales
  • - Relationship Management

These skills are highly valued at Muthoot Fincorp and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Fincorp for Relationship Manager in India?
L&T Finance ₹2.4 Lakhs to ₹10.7 Lakhs per year
Poonawalla Fincorp ₹2.4 Lakhs to ₹7.5 Lakhs per year
Sundaram Finance ₹2.0 Lakhs to ₹8.0 Lakhs per year
TVS Credit ₹2.5 Lakhs to ₹8.5 Lakhs per year
Ugro Capital ₹2.4 Lakhs to ₹8.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Fincorp, depending on the role and experience level.
What is the salary of a Relationship Manager in companies similar to Muthoot Fincorp in India?
The salary of a Relationship Manager at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

MAS Financial Services ₹2.6 Lakhs to ₹9.3 Lakhs per year
SMFG India Credit ₹2.4 Lakhs to ₹6.3 Lakhs per year
Manappuram Finance ₹2.4 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindra Prime ₹2.0 Lakhs to ₹7.9 Lakhs per year
Mahindra Finance ₹2.2 Lakhs to ₹6.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Relationship Manager at Muthoot Fincorp in India?
The salary growth for a Relationship Manager at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Relationship Manager can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
1 year ₹2.2 Lakhs to ₹3.2 Lakhs per year
2 years ₹2.2 Lakhs to ₹3.2 Lakhs per year
3 years ₹1.3 Lakhs to ₹3.2 Lakhs per year
4 years ₹2.2 Lakhs to ₹4.5 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Fincorp Relationship Manager salary in India ranges between ₹2.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 51 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.